2022
Exports
$169MWorld Rnk 13 / 173
Flag Rnk 3 / 696
2022
PRODUCT COMPLEXITY IN Other Oily Seeds
-2.33Rnk 1015 / 1025
2022
Imports
$7.29MWorld Rnk 79 / 217
Flag Rnk 119 / 1061
2022
ECONOMIC COMPLEXITY of Burkina Faso
-1.91Rnk 131 / 133

About

Exports In 2022, Burkina Faso exported $169M in Other Oily Seeds, making it the 13th largest exporter of Other Oily Seeds in the world. At the same year, Other Oily Seeds was the 3rd most exported product in Burkina Faso. The main destination of Other Oily Seeds exports from Burkina Faso are: Singapore ($55.3M), Japan ($33.5M), Ghana ($22.2M), Denmark ($21.3M), and China ($12.8M).

The fastest growing export markets for Other Oily Seeds of Burkina Faso between 2021 and 2022 were Singapore ($36.4M), Japan ($22.6M), and India ($5.6M).

Imports In 2022, Burkina Faso imported $7.29M in Other Oily Seeds, becoming the 79th largest importer of Other Oily Seeds in the world. At the same year, Other Oily Seeds was the 119th most imported product in Burkina Faso. Burkina Faso imports Other Oily Seeds primarily from: Benin ($5.19M), Togo ($1.59M), Cote d'Ivoire ($172k), United States ($90.4k), and France ($86.1k).

The fastest growing import markets in Other Oily Seeds for Burkina Faso between 2021 and 2022 were Togo ($1.3M), China ($26k), and India ($4.35k).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Other Oily Seeds. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$169M
IMPORTS (2022)$7.29M
NET TRADE (2022)$161M

In 2022, Burkina Faso exported $169M in Other Oily Seeds. The main destinations of Burkina Faso exports on Other Oily Seeds were Singapore ($55.3M), Japan ($33.5M), Ghana ($22.2M), Denmark ($21.3M), and China ($12.8M).

In 2022, Burkina Faso imported $7.29M in Other Oily Seeds, mainly from Benin ($5.19M), Togo ($1.59M), Cote d'Ivoire ($172k), United States ($90.4k), and France ($86.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Oily Seeds EXPORT MARKETS FOR Burkina Faso WERE (2021 - 2022):
Singapore$36.4M (192%)
Japan$22.6M (208%)
India$5.6M (466%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Oily Seeds BY Burkina Faso WERE (2021 - 2022):
Togo-$9.48M (-55.9%)
China-$4.83M (-27.4%)
United Arab Emirates-$1.36M (-94.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Burkina Faso's main exporting competitors in Other Oily Seeds were:
Sudan $654M
India $535M
China $378M
In 2022, Burkina Faso's main importing competitors in Other Oily Seeds were:

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Trade Value of Other Oily Seeds by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $19.5M
TOP IMPORT POTENTIALTogo+ $276k

Other Oily Seeds’s highest export potential is China. With an export gap of $19.5M.   Other Oily Seeds’s highest import potential is Togo with an import gap of $276k.

See methodology.

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